 Belgium's Reynders: PSI Guidelines Needed Today For Greece IMarketnews.com BRUSSELS (MNI) - Belgian Finance Minister Didier Reynders Monday stressed the need to set up guidelines as soon as possible for private sector involvement in a new rescue package for Greece. "We need to find a way [to set up] some guidelines today ... See all stories on this topic » |
| Eurogroup Makes Little Headway On Greece; To Enhance EFSF IMarketnews.com BRUSSELS (MNI) - Eurozone finance ministers meeting today in Brussels made little progress on concrete details of a second rescue package for Greece but agreed to widen the potential scope of Europe's bailout fund, a move that could benefit Greece, ... See all stories on this topic » |
| Zapatero Calls for 'Clarification' on Banks' Role in Greece Bloomberg The “fundamental problem” pushing up euro-region bond yields is uncertainty over Greece's ability to pay debt and “in particular” the debate on private-sector involvement, Zapatero told a news conference in Madrid today. “This must be clarified rapidly ... See all stories on this topic » |
| Getting Rich in Greece Wall Street Journal The accepted wisdom is that Greece's tragedy opened when it joined the euro zone in 2001. The rich-country currency club allowed Athens to borrow at interest rates tailored to Berlin and amass debts totaling 155% of GDP today. ... See all stories on this topic » |
| Treasuries Rise a Third Day as Asian Shares Extend Stock Losses Worldwide Bloomberg Greece and Italy are both scheduled to sell bills today. US interest-rate swap spreads, a measure of fear in the debt markets, approached a one-year high. The difference between the two-year swap rate and the comparable-maturity Treasury yield, ... See all stories on this topic » |
| Greece Suffers Brain Drain as Youths Hunt for Work Voice of America “What I see now, really many people think about this and one of them is me, is that many young people are seriously thinking to go abroad, to leave Greece once and for all,” said Areti. Today, she is living in Athens with her boyfriend. ... See all stories on this topic » |
| Nowotny Says Greece Must Show 'Extreme Discipline' to Cut Debt Bloomberg “Currently, it is surely important to demand extreme discipline and observance of contract terms from a country like Greece,” Nowotny said in a speech in Vienna today. At the same time, Mexico has shown that “the recipe for success in such crises is ... See all stories on this topic » |
| De Jager Says Options for Greece Include 'Selective Default' San Francisco Chronicle "And whilst the European Central Bank did not change its position, the ministers of finance todayadopted a statement where they explore all the different options that the private sector itself has come up with." One or more of those options could ... See all stories on this topic » |
| Australia, N.Z. Dollars Fall to Two-Week Lows Amid Global Recovery Concern Bloomberg “It's Italy today, it was Greece the day before and it will probably be Spain and Portugal tomorrow.” The yield on 10-year Italian bonds rose 41 basis points to close at 5.68 percent yesterday, the highest in more than a decade, pushing the yield ... See all stories on this topic » |
| British Inflation under Review Today Forexyard The US dollar was seen increasing yesterday as traders began to seek shelter following speculation that Italy was experiencing symptoms of a debt contagion caught as a byproduct of Greece'sausterity budget moves and bailout. ... See all stories on this topic » |
| Michael Hudson: Greece today, the U.S. tomorrow | eats shoots 'n ... By richardbrenneman That demand was echoed by Greece's finance minister. “We need today a very strong message of stability, not only in Greece but in (the) eurozone,” Evangelos Venizelos said as he arrived in Brussels. Most of his colleagues, however, ... eats shoots 'n leaves |
| A personal opinion: On events today in Greece | Digital Look A personal opinion: On events today in Greece | Digital Look. www.digitallook.com/.../A_personal_opinion_On_events_toda... |
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